Mr. Stuart McDowall reports

SOFTROCK MINERALS ANNOUNCES SHAREHOLDER MEETING RESULTS IN RESPECT OF THE PREVIOUSLY ANNOUNCED CHANGE OF MANAGEMENT AND NAME CHANGE AND PROVIDES AN UPDATE ON RECAPITALIZATION TRANSACTION

Softrock Minerals Ltd. shareholders overwhelmingly approved all matters put before them at the special meeting of shareholders of Softrock held today.

Approvals (including the percentage of votes cast in favour) included:

• The change of management to Robin Auld (chief executive officer), Matthew Klukas (chief operating officer), Henry Groen (chief financial officer), and Hendra Jaya (director, Indonesia) and the reconstitution of the board of directors of Softrock to Brian Anderson (chairman), Michele Stanners and Robin Auld (approved by 99.1 per cent of the votes cast);

• The name change from Softrock Minerals Ltd. to "Criterium Energy Ltd." (approved by 98.9 per cent of the votes cast);

• The adoption of new bylaws of the company (approved by 98.6 per cent of the votes cast);

• The approval of the amended and restated stock option plan of the company (approved by 99.0 per cent of the votes cast);

• The approval of the new share award incentive plan of the company (approved by 99.1 per cent of the votes cast).

Recapitalization transaction update

The company intends to complete the change of management, the previously announced private placement of units of the company and the other transactions contemplated by the reorganization and investment agreement dated July 12, 2022, between the company and the initial investor group by mid-September, subject to the receipt of customary regulatory approvals, including the approval of the TSX Venture Exchange. Following the completion of the recapitalization transaction, the company intends to file all necessary documents with the Alberta Corporate Registry to complete the name change. In connection with the name change, the company has reserved the stock trading symbol CEQ. Trading under the new symbol on the TSX Venture Exchange is expected to occur shortly following the completion of the name change.

We seek Safe Harbor.